808 W B StKannapolisNC28081
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Kannapolis at 808 W B St, Kannapolis, NC, 28081 with 5% annual appreciation on a $310,000 basis while $1,534/mo rent supports operations. 76% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,647 alongside rental yield of 5.94%. Five-year ROI measures 80.47% and total cumulative return in cash totals $82,699. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,534/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.17 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Selena Neilsen • EXP Realty LLC Mooresville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4342127